Kenjul, I'm not too clued up on the takeover rules, but I thought that there was a '60 day' rule which stopped a target company being held under "siege' for an indefinite period, before an offer was declared unconditional.
Maybe someone with more knowledge could help out.
Ann: Variation of Takeover Bid, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)